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Hi Artemis
I have just run a Raceform Query for 6/4’s that ran during 2005, with the following results.
120wins  from  317runs   37.9%  (- 17.00)
I know that SP’s are a good indicator.
However, I am not talking about SP’s.
Accurately calculating ones own prices is time consuming and difficult, but I feel it must be done.  Without them you cannot assess risk.
I realise it’s not for everyone.
byefornow
(Edited by carlisle at 6:35 pm on Oct. 12, 2006)
Hi davidbrady
I agree.
However my idea is that I am questioning the validity in giving every runner a price.  I feel compelled to do so, just like the bookies.  (for different reasons though)
There could be a sort of a probability tipping point.  The 5% is not able to compete with the top 3, and therefore it should be devalued.
This idea might be rubbish or not.
Who knows for sure?  I wish I did.
Research anyone……
byefrom<br>EC<br>
(Edited by carlisle at 3:31 pm on Oct. 12, 2006)
"I confess I am EC………….!"
<br>
Hi Artemis
I warned you about that hole.
Any free thinkers out there, willing to work a bit and stretch their minds.
Imagine if the answer was less than 1%.
byefrom<br>carlisle
(Edited by carlisle at 2:48 pm on Oct. 12, 2006)
Hi
the more I think about ridgid systems the more fragile they seem.
It’s more important to concentrate on the right races.<br>Then do some analysis.
I would like to hear from another who calculates their own prices.  (I do this in a limited way)
Typically I might come up with the following.<br>=================================
6/5    45%<br>3/1    25%<br>9/2    18%<br>16/1    5%<br>22/1    4%<br>50/1    2%<br>100/1   1%
If 100 similar races were run, would the bottam 4 get any victories?  (without the aid of flying carrier bags etc)
byefrom<br>carlisle
<br>"you can’t beat a hobbyist,………pity"<br>
(Edited by carlisle at 9:41 am on Dec. 25, 2006)
Hi FlatseasonLover
thanks for your reply.
You know when you start off with an idea and then it<br>develops and changes.  Helped by exploring things in an logical, reasoned manner.  Well I have put forward this theory about certain horses not even deserving a price.
A Bit radical I know.
It would be good to hear an intelligent contribution.
byefrom<br>carlisle<br>
Horse Racing!
Hi Artemis
41% you want to move your feet a bit you will get pins & needles, and mind that hole.
byefrom<br>carlisle<br>
(Edited by carlisle at 11:43 am on Oct. 11, 2006)
Hi dave jay
oh no I do listen and do like a good grope.
What does EC mean.
I try to produce my own odds, and in doing so I feel that a lot of horses don’t desrve a price.
Adding up all the scores and dividing the individual score by this number, must be a flawed method…..
A 6/4 chance is not worth backing unless it seems to have a 60%+ chance of winning.  The rest of the runners have to divide up the remaining 40%. Esstential they should not be able to dent the the top rated horse.
I am very interested in friendly discussions.
byefrom<br>carlisle<br>
(Edited by carlisle at 8:14 pm on Dec. 21, 2006)
Hi dave jay
thanks for the bucket of cold water.
However it’s only served to refresh me!
Bookies have numerous weaknesses.
A moving disguised target is very difficult to hit.
byefrom<br>carlisle<br>
(Edited by carlisle at 10:31 pm on Oct. 10, 2006)
Hi Rory
I dislike you already.
It’s clear to me that we have a differing understanding of the word "contenders".
In most maiden races I would consider nearly all the runners as contenders.
The form tends to be moderate, and any selection will be very vunerable to improvers and debutants.
byefrom<br>carlisle
Hi Shadow Leader
I don’t mean morning prices.
I think that in some races there are say 2 or 3 live contenders.<br>Yet bookies can compelled to give every horse a price.
Is there such a thing as a horse with a genuine 16/1 chance of winner?
Only if the other horses are similarly priced.
byefrom<br>carlisle
<br>(Edited by carlisle at 12:52 pm on Oct. 10, 2006)<br>
(Edited by carlisle at 12:53 pm on Oct. 10, 2006)
Hi there
Which horse’s did they miss out last week?
byefrom<br>carlisle
(Edited by carlisle at 8:34 am on Oct. 10, 2006)
Hi
Bookmakers have to price up every horse in every race.
"Well, what’s wrong with that?"
I wonder……..is there an edge to be exploited.
Hi Artemis
do you know which bookmakers offer treble odds for one winner?
byefrom<br>carlisle<br>
Hi
I like the one about 1/5Fav 10/1 bar one e.w. bets.
Bookies would hate these bets, and the 1/5Fav MUST be opposed any way.  It’s a no brainer!
Even 5/1 bar one in some cases can be a bet to nothing.<br>Each ways are a good source of value bets.  However, I think punters have too many thriftless e.w’s.
I say you must be confident it will be placed not hopeful, otherwise you will lose twice as much.
With this confidence 5/2 horse can be backed £10 ew,<br>thus only risking £5 for a chance of £30.
I agree that the search for value prices is another vital tactic.
byefrom<br>carlisle
Hi there
Professional gamblers obviously come in numerous variations.  (born of experiences and personality)
Yet there are underlying constants that apply.
1. Full time commitment. (That begs the ? how many hours per week.)
any more suggestions.
byefrom<br>carlisle<br>
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